Highlights
USA, Insolvency & Restructuring, Litigation, Holland & Knight LLP, US Congress, Supreme Court of the United States, First Circuit
HIGHLIGHTS:
USA, Insolvency & Restructuring, Litigation, Holland & Knight LLP, Supreme Court of the United States
HIGHLIGHTS:
USA, Banking, Insolvency & Restructuring, Litigation, Holland & Knight LLP, Bankruptcy, Leveraged buyout, Supreme Court of the United States, United States bankruptcy court, Third Circuit
HIGHLIGHTS:
USA, Insolvency & Restructuring, Litigation, White Collar Crime, Holland & Knight LLP, Bankruptcy, Shareholder, Debtor, Fraud, Debt, Misrepresentation, Remand (court procedure), Corporate bond, US Congress, Title 11 of the US Code, Supreme Court of the United States, United States bankruptcy court, Fifth Circuit, California courts of appeal, US District Court for Southern District of Texas
The Financial Accounting Standards Board (FASB) issued proposed amendments on June 26, 2013, to provide guidance about management's responsibilities in evaluating a company's going concern uncertainties in addition to the timing and content of related footnote disclosures. Even before a company’s liquidation is imminent, there may be uncertainties about a company’s ability to continue as a going concern and, therefore, about its going concern presumption (going concern uncertainties). Currently, there is no guidance in the U.S.